The Top Regular Savers Discussion Thread

BestSeagull

flaneurs_lobster said:

wmb194 said:

Aidanmc said:

Hanley BS RS
Any idea what the little asterisk means, if anything?

I think it's indicating that it's not yet cleared. On Saturday when I made the DC deposit it also showed an asterisk as well but this morning it's disappeared.

** NOTE TO SELF **
Next month make deposit to Hanley BS RS by DC, because it'll clear quicker than my FP which is still nowhere to be seen.

Not necessarily!
I paid by debit card on the first as it's supposed to be immediate. Some sort of "rare" occurrence happened, according to them, and I am still waiting for it to be credited to my account. Apparently they can see it but it's not within their control yet so we have to keep waiting until that happens. I am assured they will backdate it so that I won't loose interest though.

soulsaver

CricketLady said:

Good morning all,

I need to withdraw £3000 from my Halifax regular saver which is due to mature on the 11th (Tuesday) as I have a big bill to pay today.  I managed to withdraw £3000 from my Bank of Scotland (well, £2999, I left £1 in for the interest to have something to "stick to" when it gets added on at maturity, also on Tuesday) but with my Halifax I only have the option to RENEW.  

If I renew does that mean I'll be able to get my cash out and start again with another £250 or will that £3000 stay in the account until 11th November 2026?  

I definitely need this cash and can't wait till Tuesday so is there a better way to access the £3k?

Sorry for silly question but CricketLady has definitely reached a certain age!

And sending you all lots of love xx

Salutations. Are you overthinking, perhaps? Why not just w/d the £3k? It''ll get due interest paid on the 11th and you're good to go for another year, by whatever means. No risk of lock out for a year.

Speculator

francoghezzi said:

Kim_13 said:

francoghezzi said:

SCOTTISH BUILDING SOCIETY SO
Just had a chat with a nice lady at the Scottish BS regarding the timing to update the online banking with the standing orders from nominated bank accounts. It looks that is normally taking 48 hours. So for those still wondering if their money sent last week-end or during Sunday night safely landed the best advice is to check the on line portal at some point today and remember this quite slow process for the months to come (and brace yourselves when it comes to the deposit on the first of January :-) )

You mentioned nominated accounts, but I wasn’t aware that funds had to come from the nominated account? I nominated the account the cheque came from as I thought that would be easier but would rather pay in from another account going forward if possible.

I prefer to pay from the nominated account in order to avoid any problems and because, frankly, I don't remember which BS accept payments even from other sources. So I prefer the easy way, but it is just personal. I edited my post to make sure that this is clearer . Wherever your money comes from the on line banking should be updated at some point today

The only regular saver accounts that I hold that require deposit from nominated accounts are my Manchester and my Newcastle Monument account. (but not my 5.25% Newcastle reg)

wmb194

soulsaver said:

CricketLady said:

Good morning all,

I need to withdraw £3000 from my Halifax regular saver which is due to mature on the 11th (Tuesday) as I have a big bill to pay today.  I managed to withdraw £3000 from my Bank of Scotland (well, £2999, I left £1 in for the interest to have something to "stick to" when it gets added on at maturity, also on Tuesday) but with my Halifax I only have the option to RENEW.  

If I renew does that mean I'll be able to get my cash out and start again with another £250 or will that £3000 stay in the account until 11th November 2026?  

I definitely need this cash and can't wait till Tuesday so is there a better way to access the £3k?

Sorry for silly question but CricketLady has definitely reached a certain age!

And sending you all lots of love xx

Salutations. Are you overthinking, perhaps? Why not just w/d the £3k? It''ll get due interest paid on the 11th and you're good to go for another year, by whatever means. No risk of lock out for a year.

Withdrawals aren’t permitted without closure/renewal.

surreysaver

francoghezzi said:

CricketLady said:

Good morning all,

I need to withdraw £3000 from my Halifax regular saver which is due to mature on the 11th (Monday) as I have a big bill to pay today.  I managed to withdraw £3000 from my Bank of Scotland (well, £2999, I left £1 in for the interest to have something to "stick to" when it gets added on at maturity, also on Monday) but with my Halifax I only have the option to RENEW.  

If I renew does that mean I'll be able to get my cash out and start again with another £250 or will that £3000 stay in the account until 11th November 2026?  

I definitely need this cash and can't wait till Monday so is there a better way to access the £3k?

Sorry for silly question but CricketLady has definitely reached a certain age!

And sending you all lots of love xx

It works exactly like Lloyds. Do not close it, just renew it choosing between the savings accounts with low interests rates, then take your money and interests accrued to today, close immediately the new account with a lower interest and re-open the regular saver 5.5% that will re-appear between your options clicking on the apply button. I have done it on 31/10 so as to be able to deposit twice in 24 hours starting again the RS

Halifax doesn't work like Lloyds. The Lloyds is easy access; the Halifax you have to close to access your money 

Kim_13

soulsaver said:

CricketLady said:

Good morning all,

I need to withdraw £3000 from my Halifax regular saver which is due to mature on the 11th (Tuesday) as I have a big bill to pay today.  I managed to withdraw £3000 from my Bank of Scotland (well, £2999, I left £1 in for the interest to have something to "stick to" when it gets added on at maturity, also on Tuesday) but with my Halifax I only have the option to RENEW.  

If I renew does that mean I'll be able to get my cash out and start again with another £250 or will that £3000 stay in the account until 11th November 2026?  

I definitely need this cash and can't wait till Tuesday so is there a better way to access the £3k?

Sorry for silly question but CricketLady has definitely reached a certain age!

And sending you all lots of love xx

Salutations. Are you overthinking, perhaps? Why not just w/d the £3k? It''ll get due interest paid on the 11th and you're good to go for another year, by whatever means. No risk of lock out for a year.

Halifax don't allow withdrawals, early closure/renewing only. If you renew the whole balance is immediately available in the Easy Saver or whatever you renew to, whereas requesting closure might well lead to manual intervention being required and slowing down the process. 

s71hj

Kim_13 said:

soulsaver said:

CricketLady said:

Good morning all,

I need to withdraw £3000 from my Halifax regular saver which is due to mature on the 11th (Tuesday) as I have a big bill to pay today.  I managed to withdraw £3000 from my Bank of Scotland (well, £2999, I left £1 in for the interest to have something to "stick to" when it gets added on at maturity, also on Tuesday) but with my Halifax I only have the option to RENEW.  

If I renew does that mean I'll be able to get my cash out and start again with another £250 or will that £3000 stay in the account until 11th November 2026?  

I definitely need this cash and can't wait till Tuesday so is there a better way to access the £3k?

Sorry for silly question but CricketLady has definitely reached a certain age!

And sending you all lots of love xx

Salutations. Are you overthinking, perhaps? Why not just w/d the £3k? It''ll get due interest paid on the 11th and you're good to go for another year, by whatever means. No risk of lock out for a year.

Halifax don't allow withdrawals, early closure/renewing only. If you renew the whole balance is immediately available in the Easy Saver or whatever you renew to, whereas requesting closure might well lead to manual intervention being required and slowing down the process. 

So is there like a "renew" button to press or is it renew in the sense that we use the word in this forum and there's a process to follow that leads to renewal. (if this makes sense! ) 

ColdIron

s71hj said:

Kim_13 said:

soulsaver said:

CricketLady said:

Good morning all,

I need to withdraw £3000 from my Halifax regular saver which is due to mature on the 11th (Tuesday) as I have a big bill to pay today.  I managed to withdraw £3000 from my Bank of Scotland (well, £2999, I left £1 in for the interest to have something to "stick to" when it gets added on at maturity, also on Tuesday) but with my Halifax I only have the option to RENEW.  

If I renew does that mean I'll be able to get my cash out and start again with another £250 or will that £3000 stay in the account until 11th November 2026?  

I definitely need this cash and can't wait till Tuesday so is there a better way to access the £3k?

Sorry for silly question but CricketLady has definitely reached a certain age!

And sending you all lots of love xx

Salutations. Are you overthinking, perhaps? Why not just w/d the £3k? It''ll get due interest paid on the 11th and you're good to go for another year, by whatever means. No risk of lock out for a year.

Halifax don't allow withdrawals, early closure/renewing only. If you renew the whole balance is immediately available in the Easy Saver or whatever you renew to, whereas requesting closure might well lead to manual intervention being required and slowing down the process. 

So is there like a "renew" button to press or is it renew in the sense that we use the word in this forum and there's a process to follow that leads to renewal. (if this makes sense! ) 

There is a prominent 'Renew' button beside the account on the Halifax Landing page

Kim_13

ColdIron said:

s71hj said:

Kim_13 said:

soulsaver said:

CricketLady said:

Good morning all,

I need to withdraw £3000 from my Halifax regular saver which is due to mature on the 11th (Tuesday) as I have a big bill to pay today.  I managed to withdraw £3000 from my Bank of Scotland (well, £2999, I left £1 in for the interest to have something to "stick to" when it gets added on at maturity, also on Tuesday) but with my Halifax I only have the option to RENEW.  

If I renew does that mean I'll be able to get my cash out and start again with another £250 or will that £3000 stay in the account until 11th November 2026?  

I definitely need this cash and can't wait till Tuesday so is there a better way to access the £3k?

Sorry for silly question but CricketLady has definitely reached a certain age!

And sending you all lots of love xx

Salutations. Are you overthinking, perhaps? Why not just w/d the £3k? It''ll get due interest paid on the 11th and you're good to go for another year, by whatever means. No risk of lock out for a year.

Halifax don't allow withdrawals, early closure/renewing only. If you renew the whole balance is immediately available in the Easy Saver or whatever you renew to, whereas requesting closure might well lead to manual intervention being required and slowing down the process. 

So is there like a "renew" button to press or is it renew in the sense that we use the word in this forum and there's a process to follow that leads to renewal. (if this makes sense! ) 

There is a prominent 'Renew' button beside the account on the Halifax Landing page

Only works on the website and not in the app though, when I last did it a few years ago.

allegro120

Speculator said:

francoghezzi said:

Kim_13 said:

francoghezzi said:

SCOTTISH BUILDING SOCIETY SO
Just had a chat with a nice lady at the Scottish BS regarding the timing to update the online banking with the standing orders from nominated bank accounts. It looks that is normally taking 48 hours. So for those still wondering if their money sent last week-end or during Sunday night safely landed the best advice is to check the on line portal at some point today and remember this quite slow process for the months to come (and brace yourselves when it comes to the deposit on the first of January :-) )

You mentioned nominated accounts, but I wasn’t aware that funds had to come from the nominated account? I nominated the account the cheque came from as I thought that would be easier but would rather pay in from another account going forward if possible.

I prefer to pay from the nominated account in order to avoid any problems and because, frankly, I don't remember which BS accept payments even from other sources. So I prefer the easy way, but it is just personal. I edited my post to make sure that this is clearer . Wherever your money comes from the on line banking should be updated at some point today

The only regular saver accounts that I hold that require deposit from nominated accounts are my Manchester and my Newcastle Monument account. (but not my 5.25% Newcastle reg)

I deposit to Newcastle Monument from different account.  Manchester is the only one in my RS collection that requires deposits from nominated account.